I have been recently informed that we have a considerable amount of money in one of our subsidiarys bank accounts in Peru. Our subsidiary in Peru is Minera Santa Elisa. Under Peruvian law, every mining company operating in Peru, is required to have at least two bank accounts, one separate one exclusively for depositing any income derived from mineral sales.

So, where there is a considerable amount of money STILL in at least one bank account there, this actually belongs to shareholders. Whereas the properties were not renewed by the company and the fire sale of mining equipment from the property in Feb 2013, show further INTENT to distruct the company SLI, at the expense of the shareholders. By Lori stating that she did not have enough funds to execute the financials and keep the company in good status with the TSXV,when there was money in our subsidiary to perhaps warrant this, this would appear clear of her intentions once again.

From a TSXV policy perspective, this violates the fudicial duty of the directors.

From a regulator perspective, it shows intentional harm to the company AND INVESTORS, SLI.

From a Civil law perspective, this shows negligence with intent, to name only one.

From a criminal law perspective, this shows intentional harm and injury to shareholders.

Love

Rick